Profitable Contracting

The Profitable Contracting course, specially crafted for the construction industry, covers the essentials of operations and finance for contractors.  Learn how to control and reduce expenses. Learn how to make more money. Learn how to rid yourself of labour productivity concerns, high overhead costs, below-budget profits and cash flow headaches. Learn how to increase cash flow and improve profits.

Profitable Contracting discusses operational and financial issues I experienced during my (Wayne Newell's) 35-year career. Many will apply to your company: profit requirements, estimating, project management, labour productivity, human resource skills, materials and tools management, change orders, job costing, cash flow, AR collections, risk management, overhead controls, asset controls and a host of others.

All participants receive and take home a detailed course manual complete with all the topics, exercises and schedules need to improve their business. 

Topics:

• Key strategies to improve profits and cash flow
• Identify costs and solutions of lost productivity
• Effective human resource policies and procedures
• Forecast adequate revenue to ensure overheads are covered and profit is achieved
• Ensure that billings and change orders are controlled and monitored for collection
• Safeguard company assets
• Forecast company and project cash flows
• Control and/or reduce overhead costs
• Use financial reports to deliver better financial results
• Establish a strong financial awareness in all personnel who attend

Anyone who can influence profits, including:

• Owners
• Project Managers
• Project Coordinators
• Estimators
• Project Leaders
• Accountants

Wayne Newell, Wayne Newell Management & Seminar Services

For the past 35 years, Wayne has served in senior financial roles with companies in Canada, the United States and the Caribbean. By sharing his experiences and expertise with many companies, Wayne has helped owners, managers and employees build successful construction businesses. His Gold Seal approved, six-hour, Profitable Contracting course discusses specific techniques, methods and strategies used by contracting companies to increase profits and improve cash flows. His Gold Seal approved, two-day, Finance and Accounting for Non-Financial Managers course, developed specifically for non-financial managers in the construction industry, guides project managers, project coordinators, estimators, field superintendents, owners and senior managers through the financial and measurement techniques needed to manage contracting businesses. Wayne has presented both courses in most major Canadian cities since 2003.

Wayne mentors owners, managers and employees on how best to perform and lead their companies. They learn ways to save money and time, leading to improved cash flow, reduced costs and higher profits.

This is an online event; a link will be emailed to you the day prior to the webinar. 

A stable internet connection is key - broadband wired or wireless (3G or 4G/LTE), speakers, a microphone and a webcam are required.

WCA Cancellation Policy

WCA will provide a full refund or education credit equal to the amount paid for the course if registration is cancelled five (5) full business days prior to the course start date. Payment is non-refundable for cancellations made within five (5) full business days of the course start date and there will be no transfers to future course dates.

Complimentary substitution of another member of your company/team is welcome right up until the course start time for no additional fee. Please email us at wcaeducation@winnipegconstruction.ca if you require a substitution.